Well i guess this will shut up all the people on Monday who proclaimed people liek me were just fear mongereres who got too into the drop and that it
was just NATURAL FLUXUATION.

God pull your head out of your @sses.

Almost every time there is a stock crash, it will retest the lows. and thats what we are doing now, Tomorrow we will most likely drop. Check the low.
If we hit it and bounce than we will have some good support that can be built upon, but if we have a few bad days and end lower it may just lead to
more downward momentum.

Were not going to just in one day pop us and be like..OH look were up, nothing happened! But i think we will have spikes and then trickle down, have
an upward spike and then trickle down. I think we will continue to slide down for a few months.

So is it safe to assume that Monday was just a dead cat bounce on speculators buying cheap junk? Listening to Ben (Buttnose) Bernake today, the
forseeable future still looks bleak in housing, banking and retail sales.

We will see at least one more 'miniature' spike in the coming week or so.

I don't know squat about finance, but i think the market's 'true' value is closer to the 6-6.5K range. After that the curve will flatten and
resume modest growth. (yup, I pulled that one out of my butt! - if everyone else can 'guess' so can I.

Monday's market reacted to the finances, today's market reacted to the preliminary economic indicators that were just released. Dismay replaced
euphoria. The market will keep reacting to the economy outlook.

so it should have been better than what it was expected to show (and it
was).

Today.. no surprise.

My father was talking to Mazda car CEO of New Zealand earlier this week, they are expecting a large economic crash/recession/whatever you want to call
it and expect it to get much worse.

Originally posted by fleabit
I am not wishing for the worst, like many for some weird reason, seem to like to do.

I'm hoping it doesn't yet thinking a good kick in the ass wakeup call to people and how they are shafted every single day might be in order... so on
the fence. I think that's why people wish it to happen. Also to see the fat cats toppled from the tree.. as most would.

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